SBI Launches Collateral-Free Digital SME Loan for Women Entrepreneurs
On the occasion of International Women’s Day 2025, the State Bank of India (SBI) launched ‘SBI Asmita’, a collateral-free digital SME loan exclusively for women entrepreneurs. The initiative aims to simplify access to financing for women-led MSMEs through a digital, hassle-free process. Additionally, SBI introduced the ‘Nari Shakti’ platinum debit card, designed specifically for women, featuring benefits across multiple categories.
| Summary/Static | Details |
| Why in the news? | SBI Launches Collateral-Free Digital SME Loan for Women Entrepreneurs |
| SBI Asmita (SME Loan) | Collateral-free digital loan for women entrepreneurs with API-based verification and automatic sanction. |
| Top Women Entrepreneur Training | Selected borrowers receive entrepreneurial and management training. |
| ‘Nari Shakti’ Platinum Debit Card | RuPay-powered, made from 100% recycled plastic, with benefits in shopping, travel, insurance, etc. |
The Indian Space Research Organisation (ISRO) and the European Space Agency (ESA) have extended their…
England fast bowler Mark Wood announced his retirement from international cricket on September 22, 2026,…
The Indian women’s cricket team won the gold medal at the Asian Games 2026 after…
India has endorsed the consensus outcomes of the G20 Energy Abundance Ministerial, reinforcing its engagement…
The 7th edition of the National Formulary of India (NFI) 2026 was launched on September…
The Government of India has dissolved the Digital Communications Commission (DCC), the apex inter-departmental decision-making…